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The most commonly asked questions on PPF (Public Provident Fund)

1Comment
  • Pranay Maloo
    Posted at 20:33h, 07 October Reply

    Hi I have a query.

    In case of a minor’s account the law does not provide for nomination. Only a guardian (mother or father) can open a minor’s account. So when a minor dies, why does the guardian needs to provide the succession certificate even though he / she is the legal heir of the minor.

    Why are they not allowed to withdraw the amount basis the other affidavites and death certificate?

    Thanks

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